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Topics: Money made senseless| HMRC| Prudential
News from financial fools beyond the help of even the Government's basic advice service. Today, two canny citizens try to cheat death and taxes.
HMRC Uncovers Untaxed Money in Grave
A businessman planned to leave £140,000 in his aunt's grave for 20 years to avoid tax.
Tax inspectors were tipped off and obtained permission from the priest to recover their £50,000 share.
The unnamed man was going to leave the money in the grave up to the time limit for tax investigations.
Want more of the grisly tale? Click here
What about this timeless query from Yahoo Answers.....
How can I determine if a 1903 Prudential Life Insurance policy is valid?
Question: I found a 1903 Prudential life insurance policy in a box at an estate sale. How can I determine if this is still valid? Also, though i am not an heir, I bought the document so am I the owner?
Answer: No you are not the owner. Call Prudential. You definitely are not the beneficiary either
Want to offer your advice on the 107 year old policy? Click here.
Check out yesterday's Money Made Senseless - the tax dodging Chorley chippy.
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Not new
It rather reminds me of this: There was a man, who had worked all his life, had saved all of his money, And was a real miser when it came to his money. Just before he died, he said to his wife...'When I die, I want you to take all my money and put it in the casket with me. I want to take my money to the afterlife with me.' And so he got his wife to promise him, with all of her heart, that when he died, she would put all of the money into the casket with him. Well, he died. He was stretched out in the casket, his wife was sitting there - dressed in black, and her friend was sitting next to her. When they finished the ceremony, and just before the undertakers got ready to close the casket, the wife said, 'Wait just a moment!' She had a small metal box with her; she came over with the box and put it in the casket. Then the undertakers locked the casket down and they rolled it away. So her friend said, 'Girl, I know you were not foolish enough to put all that money in there with your husband.' The loyal wife replied, 'Listen, I have always been a good obedient Wife; I cannot go back on my word. I promised him that I was going to put that money into the casket with him.' You mean to tell me you put that money in the casket with him!?!?!?' 'I sure did,' said the wife. 'I got it all together, put it into my account, and wrote him a cheque.... If he can cash it, then he can spend it.'
Posted by: Harry Katz
Not new
It rather reminds me of this: There was a man, who had worked all his life, had saved all of his money, And was a real miser when it came to his money. Just before he died, he said to his wife...'When I die, I want you to take all my money and put it in the casket with me. I want to take my money to the afterlife with me.' And so he got his wife to promise him, with all of her heart, that when he died, she would put all of the money into the casket with him. Well, he died. He was stretched out in the casket, his wife was sitting there - dressed in black, and her friend was sitting next to her. When they finished the ceremony, and just before the undertakers got ready to close the casket, the wife said, 'Wait just a moment!' She had a small metal box with her; she came over with the box and put it in the casket. Then the undertakers locked the casket down and they rolled it away. So her friend said, 'Girl, I know you were not foolish enough to put all that money in there with your husband.' The loyal wife replied, 'Listen, I have always been a good obedient Wife; I cannot go back on my word. I promised him that I was going to put that money into the casket with him.' You mean to tell me you put that money in the casket with him!?!?!?' 'I sure did,' said the wife. 'I got it all together, put it into my account, and wrote him a cheque.... If he can cash it, then he can spend it.'
Posted by: Harry Katz
Got it the first time!
Harry , This is a great tale, but it loses something if you tell it more than once!
Posted by: Mike Stafford
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Not new
It rather reminds me of this: There was a man, who had worked all his life, had saved all of his money, And was a real miser when it came to his money. Just before he died, he said to his wife...'When I die, I want you to take all my money and put it in the casket with me. I want to take my money to the afterlife with me.' And so he got his wife to promise him, with all of her heart, that when he died, she would put all of the money into the casket with him. Well, he died. He was stretched out in the casket, his wife was sitting there - dressed in black, and her friend was sitting next to her. When they finished the ceremony, and just before the undertakers got ready to close the casket, the wife said, 'Wait just a moment!' She had a small metal box with her; she came over with the box and put it in the casket. Then the undertakers locked the casket down and they rolled it away. So her friend said, 'Girl, I know you were not foolish enough to put all that money in there with your husband.' The loyal wife replied, 'Listen, I have always been a good obedient Wife; I cannot go back on my word. I promised him that I was going to put that money into the casket with him.' You mean to tell me you put that money in the casket with him!?!?!?' 'I sure did,' said the wife. 'I got it all together, put it into my account, and wrote him a cheque.... If he can cash it, then he can spend it.'
Posted by: Harry Katz